When building your watch list, look for stocks with an 80 or higher RS Rating. PJT Partners is one stock that just reached the mark, now earning a score of 81.
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This proprietary rating measures technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating of over 80 as they launch their biggest runs.
While the stock is not near a proper entry right now, see if it manages to form and break out of a proper consolidation.
PJT Partners showed 7% EPS growth in the latest quarterly report. Sales increased -1%.
The company earns the No. 16 rank among its peers in the Finance-Investment Banking/Brokers industry group. Futu Holdings ADR, LPL Financial Holdings and StoneX Group are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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